LoanStream Mortgage, a California-based mortgage lender that specializes in wholesale lending through mortgage brokers and consumer direct lending through a series of branches, is planning a serious nationwide expansion. The company announced Tuesday that it is plotting a 30-state expansion and plans to hire a boatload of mortgage professionals to lead that growth.
Freddie Mac announced Tuesday its new program to keep rents more affordable by incentivizing investors with favorable loan pricing. It will also deliver any additional debt capital needed to fill in the gap between borrower equity and the first lien mortgage amount. Here’s what investors have to do, and how the program will create more affordable rental housing.
Lenders, Zillow has now entered the mortgage space. And Amazon is likely not far behind. They’re coming for you. You can either get it together or get left behind. Here’s how.
Did you know that underwriters often reach out to borrowers via letter? According to a piece in the Wall Street Journal, borrowers shouldn’t be surprised if they are asked to provide a letter of explanation or “comfort letter� to underwriters who are curious about mushy spots in their knowledge of the borrowers’ situations.
In a special sponsored supplement to the August issue of HousingWire Magazine, The Housing Industry Gives Back, we recognize some of the outstanding ways that companies in our industry are contributing to the well-being of individuals and families across the country. We spotlight charitable giving in our magazine’s Kudos section each month, but we wanted to expand that coverage and tell some larger stories.Â
The popular email invite service launched a new set of customizable invitations geared to real estate professionals.
Incoming state and local association leaders were introduced to 2019 NAR President John Smaby, who helped to outline NAR’s most important goals over the next year.
NAR’s chief economist points to rapid market activity to show pent-up demand for housing while buyers accumulate funds.
Your most eager customers for homeownership are likely young adult renters at the moment, but reality bites as they try to shop for a home.
Real estate professionals were among the victims of a small passenger plane crash in Santa Ana on Sunday.
Karin Comeaux
Compass Realty & Management
8880 W Sunset Rd, Ste 290
Las Vegas, NV 89148
(702) 328-4114
(702) 586-1616
